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Staff Accountant

Staff Accountant

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Job Description

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CoStar Group Company Intro:


CoStar Group (NASDAQ: CSGP) is a leading global provider of commercial and residential real estate information, analytics, and online marketplaces.  Included in the S&P 500 Index and the NASDAQ 100, CoStar Group is on a mission to digitize the world’s real estate, empowering all people to discover properties, insights and connections that improve their businesses and lives. 


We have been living and breathing the world of real estate information and online marketplaces for over 35 years, giving us the perspective to create truly unique and valuable offerings to our customers.  

We’ve continually refined, transformed and perfected our approach to our business, creating a language that has become standard in our industry, for our customers, and even our competitors.  We continue that effort today and are always working to improve and drive innovation.  

This is how we deliver for our customers, our employees, and investors.  By equipping the brightest minds with the best resources available, we provide an invaluable edge in real estate. 

Role description:

At CoStar Group, our finance group centralizes transaction processes, providing accurate reporting, financial resolutions, and proper forecasting analysis. Joining the team offers access to financial specializations, including cash, accounts payable, prepaids, fixed assets, leases, accruals, debt, payroll and stock-based compensation. The Staff Accountant will be responsible for assisting with the global consolidation of the Company’s financial statements with a focus on helping maintain and enhance the Company’s ERP, Oracle.

The Staff Accountant will play a key role in communicating with the broader finance organization to understand the needs of the business and ensure ERP updates are appropriately implemented.


The Staff Accountant will also be responsible for various month end close duties including recording journal entries, preparing account reconciliations, analyzing fluctuations, and various other ad hoc projects as assigned. This person will also be involved in the integration of acquired businesses, including the integration and mapping of GL systems. This role will also include reporting responsibilities related to monthly management financials and quarterly and annual SEC filings.

This position is located in Arlington, VA and requires to be in the office 5 days a week.

Responsibilities:

•    Assistance in a variety of aspects of the Enterprise Resource Planning system implementation and maintenance
•    Assistance with special projects within department or as part of cross-functional teams
•    Preparation of monthly journal entries and supporting schedules and review of monthly financial results
•    Research technical accounting issues
•    Work with external auditors and facilitate review of the close process, account reconciliations and variance analyses
•    Ensure timely monthly close and accurate monthly results

Basic Qualifications:


• Bachelor’s degree in Accounting or Finance or related from an accredited, not-for-profit University or College
• A track record of commitment to prior employer
• 2 years of accounting experience working in a large international public company and/or Big 4 accounting firm


Preferred Qualifications:


• Experience at a Big 4 accounting firm preferred
• Licensed CPA or candidate
• Strong project management, time management and communication skills
•  Financial reporting experience

•  Experience with Oracle Cloud ERP
•  Ability to think critically and analyze data effectively
•  Ability to work with financial systems design, structure and reporting
•  Ability to work effectively within a team to complete projects

What’s in it for you?  


When you join CoStar Group, you’ll experience a collaborative and innovative culture working alongside the best and brightest to empower our people and customers to succeed. 

We offer you generous compensation and performance-based incentives. CoStar Group also invests in your professional and academic growth with internal training, tuition reimbursement, and an inter-office exchange program. 

Our benefits package includes (but is not limited to): 


• Comprehensive healthcare coverage: Medical / Vision / Dental / Prescription Drug 
• Life, legal, and supplementary insurance 
• Virtual and in person mental health counseling services for individuals and family 
• Commuter and parking benefits 
• 401(K) retirement plan with matching contributions 
• Employee stock purchase plan 
• Paid time off 
• Tuition reimbursement 
• On-site fitness center and/or reimbursed fitness center membership costs (location dependent), with yoga studio, Pelotons, personal training, group exercise classes
• Access to CoStar Group’s Diversity, Equity, & Inclusion Employee Resource Groups 
• Complimentary gourmet coffee, tea, hot chocolate, fresh fruit, and other healthy snacks 


We welcome all qualified candidates who are currently eligible to work full-time in the United States to apply.  However, please note that CoStar Group is not able to provide visa sponsorship for this position. 
 



 

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CoStar Group is an Equal Employment Opportunity Employer; we maintain a drug-free workplace and perform pre-employment substance abuse testing

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CEO of CoStar
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Andrew C. Florance
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Average salary estimate

$70000 / YEARLY (est.)
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$60000K
$80000K

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What You Should Know About Staff Accountant, CoStar

Are you ready to take the next step in your accounting career? CoStar Group, a leader in real estate information and analytics, is seeking a passionate and detail-oriented Staff Accountant to join our dynamic team in Arlington, VA. In this pivotal role, you'll be diving into the intricacies of financial reporting, helping us maintain and enhance our ERP system, Oracle. You'll work with a talented group of finance professionals, focusing on everything from cash management to payroll and stock-based compensation. Your responsibilities will include preparing journal entries, conducting account reconciliations, and supporting our month-end closing process. You’ll also play a crucial role in integrating acquired businesses, ensuring smooth transitions, and maintaining our high standards of financial accuracy. If you have a bachelor’s degree in Accounting or Finance and at least two years of experience in a large organization or Big 4 firm, we want to hear from you! At CoStar Group, we believe in investing in our people, so you’ll also benefit from robust training programs and generous compensation packages. This is your chance to contribute to an innovative culture that thrives on collaboration and excellence. Join us, and let’s empower success together!

Frequently Asked Questions (FAQs) for Staff Accountant Role at CoStar
What are the key responsibilities of a Staff Accountant at CoStar Group?

As a Staff Accountant at CoStar Group, your main responsibilities will include preparing monthly journal entries, reconciling accounts, and managing the month-end close process. You'll also assist in financial statement consolidation and report on management financials. In addition, you'll help maintain and enhance our ERP system, Oracle, while collaborating with cross-functional teams on special projects.

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What qualifications are needed to apply for the Staff Accountant position at CoStar Group?

To apply for the Staff Accountant role at CoStar Group, you will need a bachelor’s degree in Accounting or Finance from an accredited institution, as well as at least two years of accounting experience, preferably in a large international company or a Big 4 accounting firm. Preferred qualifications include CPA licensure or candidacy and experience with Oracle Cloud ERP.

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What kind of work environment can a Staff Accountant expect at CoStar Group?

At CoStar Group, Staff Accountants can expect a collaborative and innovative work environment. You'll have the opportunity to work alongside talented professionals and contribute to a team that values excellence and efficiency. The position is office-based in Arlington, VA, allowing for direct communication and teamwork.

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How does CoStar Group support the professional growth of Staff Accountants?

CoStar Group is dedicated to the professional development of its Staff Accountants through various avenues such as internal training programs, tuition reimbursement for further education, and the option to participate in inter-office exchange programs. We believe that investing in our people ensures both individual and company growth.

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What benefits are offered to Staff Accountants at CoStar Group?

Staff Accountants at CoStar Group enjoy a comprehensive benefits package that includes healthcare coverage, retirement plans with matching contributions, mental health services, paid time off, and opportunities for fitness reimbursements. We also offer a supportive work-life balance, making CoStar Group a great place to grow your career.

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Common Interview Questions for Staff Accountant
Can you explain your experience with month-end close processes?

In answering this question, highlight specific tasks you've performed during month-end close, such as preparing journal entries, performing reconciliations, and analyzing financial data. Use examples from your previous roles to illustrate your expertise and ability to meet deadlines.

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How do you approach technical accounting issues?

When tackling technical accounting issues, describe your systematic approach—researching regulations, consulting with team members, or using resources like accounting standards. This demonstrates your problem-solving skills and attention to detail.

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What is your experience with ERP systems?

Discuss your familiarity with ERP systems, particularly Oracle, if applicable. Mention how you've used these tools for financial reporting and data management, emphasizing your ability to adapt to new software and systems.

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Describe a challenging accounting project you managed.

Select a project that showcases your analytical and organizational skills. Explain the challenges you faced, the strategies you implemented to overcome them, and the successful outcome. This shows your adaptability and project management abilities.

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How do you handle pressure during financial audits?

Address your experience with audits and how you maintain composure under pressure. Share examples of how you prepare documentation and liaise with external auditors effectively to ensure smooth audit processes.

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What steps do you take to ensure accuracy in your financial reports?

Highlight your attention to detail by discussing specific strategies you implement such as double-checking data, reconciling accounts, and utilizing checklists to maintain accuracy in financial reporting.

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Can you provide an example of how you improved a financial process?

Choose an example where your initiative led to enhanced efficiency or accuracy. Describe the situation, the changes you made, and how these improvements benefited your team or organization.

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How do you maintain current knowledge of accounting regulations?

Discuss the resources you use to keep up-to-date with accounting regulations, such as industry publications, webinars, and networking with other professionals. This reflects your commitment to ongoing education and compliance.

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How do you prioritize multiple tasks in an accounting role?

Illustrate your time management skills by discussing methods you use to prioritize tasks, such as setting deadlines, using project management tools, or communicating with your team to manage workload effectively.

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What do you enjoy most about working in accounting?

Share your passion for accounting and the aspects you find most rewarding, whether it’s solving complex problems, analyzing data, or supporting business decisions. This gives insight into your personality and commitment to the field.

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OUR MISSIONWe are digitizing the world's real estate, empowering all people to discover properties, insights, and connections that improve their businesses and lives.

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DATE POSTED
April 19, 2025

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